De Blasio Declines To Endorse Capitalism And His Comms Director Loves It

New York Mayor Bill de Blasio refused to endorse capitalism on MSNBC’s “Morning Joe” Friday, saying instead that the United States should “redistribute” its wealth.

“I’m a social Democrat. I believe that we’re living in a capitalist system that has strengths and weaknesses and we have to address it with a strong role of government,” de Blasio said in response to political analyst Susan Del Percio’s question asking the mayor if he believes in the capitalist system. “And right now that’s not happening sufficiently,” de Blasio said.

“There’s plenty of money in this world, and there’s plenty in this country but it’s in the wrong hands. And we have to have policies that give people a chance again by redistributing some of that money back to working people,” de Blasio said, blasting the one percent.

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Democrat New York City Mayor Bill de Blasio repeatedly declined to endorse capitalism when pressed by Susan Del Percio on MSNBC’s “Morning Joe,” instead saying that the U.S. should be “redistributing” wealth. pic.twitter.com/RTcpw3xGig

Income inequality, immigration reform, cutting greenhouse gas emissions and affordable housing are among the mayor’s top commitments.

De Blasio took office in January 2014.

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